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 Bitcoin Daily Transaction Volume Surpasses Visa, Mastercard. Bitcoin is now estimated to have on-chain daily volume of $46.4 billion, which is more than credit card giants Visa and Mastercard process each day.
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 Bitcoin is now estimated to have on-chain daily volume of $46.4 billion, which is more than credit card giants Visa and Mastercard process each day.

Visa processes approximately $38.9 billion in daily transactions, and Mastercard processes around $24.7 billion, according to data from a recent CME report. The surging crypto market has sent bitcoin’s value up almost 50% year to date and cemented the cryptocurrency as a valid payments contender.

The recent influx into bitcoin was largely due to r 
 Recent data from Glassnode reveals that Bitcoin has surpassed Visa and Mastercard in terms of daily transaction volume, with an estimated on-chain volume of $46.4 billion . This significant increase in transaction volume comes after a rapid market recovery, with Bitcoin's current market capitalization standing at $1.3 trillion, surpassing the combined value of Visa and Mastercard